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Saturday, April 20, 2024
TopicEconomic slowdown

Topic: economic slowdown

Demonetisation, GST, lockdown sans relief dealt body blow to Indian economy — Raghuram Rajan

At ThePrint's OTC, the former RBI governor said if huge levels of debt and financial distress hold back the economy, it will be a lost decade for growth.

MSMEs slowly get back on their feet, but liquidity problems, shortage of orders & labour remain

A survey has found that 9% of MSME units were shut as on 1 August on account of the Covid-19 pandemic as opposed to 13% in June and July.

RBI’s March rate cut was biggest surprise in history of monetary policy panel, paper says

India’s rate-setting panel is due to meet in the first week of August as the economy heads toward its first annual contraction in more than four decades.

India could emerge as the global power the world has been waiting for after Covid

India needs strong leadership & decisive action to strengthen its economy and military power. Platitudes and appeals to nationalism are not enough.

It’s a risk, but there’s simply no escape for India from printing money

India just shouldn't let printing money become a habit. Countries like US can get away with it, but the price for excess is greater for a developing country.

IMF sees growth in Asia Pacific coming to a standstill for the first time in 60 years

Growth in China and India will decelerate but their economies will still manage to expand 1.2% and 1.9% respectively, IMF says.

Can Modi govt ask companies not to sack workers due to Covid crisis or should firms decide?

PM Modi has appealed to the industry leaders to be compassionate and not sack employees as he extended the nationwide lockdown until 3 May.

India facing worst economic slump since 1991, growth forecast at 1.5-2.8%: World Bank

The World Bank joins a chorus of international agencies that have made a similar cut in growth estimates in recent days on concerns about the Covid-19 pandemic.

What’s common to the lockdown and demonetisation? Modi govt’s lack of planning

The national lockdown should have been accompanied by more generous, universal pay-outs, starting immediately and not a week later.

COVID-19: ‘India in Lockdown’ in TOI, Mint on ‘great fight’, ‘shades of Wuhan’ warns Tribune

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

On Camera

Iran-Israel conflict will now be shaped by 3H—Houthis, Hamas, Hezbollah

Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

Vice Admiral Dinesh Kumar Tripathi to take over as Chief of the Naval Staff

He has been the chief of personnel and the flag officer commanding-in-chief, Western Naval Command, in the rank of vice admiral.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.